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Christian, Friedrich ; Isabel, Schnabel ; Jeromin, Zettelmeyer ; Isabel, Schnabel ; Jeromin, Zettelmeyer ; Christian, Friedrich. (2010) Financial Integration and Growth - Is Emerging Europe Different?.
In: CEPR Discussion Papers. RePEc:cpr:ceprdp:8137.
Full description at Econpapers
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The Political stability dimension (10 %) Nye (1968) recommended using the number of hostile incidents over a speciïed period. We do not ïnd this concept appropriate, therefore we use instead the Political Stability and Absence of Violence index from the World Bankâs Worldwide Governance Indicators (WGI) for the years 1998 till 2005. For each country, we compute an average value of the Political Stability and Absence of Violence index over this period. The original index ranges from-2.5 to 2.5 and thus has to be multiplied by 2 and augmented by 5 to ït into the 0 to 10 scale of our index. A.4 Appendix graphs and tables
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